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KNBIF (Kane Biotech) Net Margin % : -47.20% (As of Sep. 2024)


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What is Kane Biotech Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Kane Biotech's Net Income for the three months ended in Sep. 2024 was $-0.45 Mil. Kane Biotech's Revenue for the three months ended in Sep. 2024 was $0.95 Mil. Therefore, Kane Biotech's net margin for the quarter that ended in Sep. 2024 was -47.20%.

The historical rank and industry rank for Kane Biotech's Net Margin % or its related term are showing as below:

KNBIF' s Net Margin % Range Over the Past 10 Years
Min: -3845.24   Med: -740.28   Max: 278.14
Current: 278.14


KNBIF's Net Margin % is ranked better than
98.03% of 1013 companies
in the Biotechnology industry
Industry Median: -140.3 vs KNBIF: 278.14

Kane Biotech Net Margin % Historical Data

The historical data trend for Kane Biotech's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kane Biotech Net Margin % Chart

Kane Biotech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -56.69 -276.91 -286.46 -2,468.10 -3,380.18

Kane Biotech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5,090.00 -2,741.86 -2,713.16 1,482.30 -47.20

Competitive Comparison of Kane Biotech's Net Margin %

For the Biotechnology subindustry, Kane Biotech's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kane Biotech's Net Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Kane Biotech's Net Margin % distribution charts can be found below:

* The bar in red indicates where Kane Biotech's Net Margin % falls into.



Kane Biotech Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Kane Biotech's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-3.752/0.111
=-3,380.18 %

Kane Biotech's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-0.447/0.947
=-47.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kane Biotech  (OTCPK:KNBIF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Kane Biotech Net Margin % Related Terms

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Kane Biotech Business Description

Traded in Other Exchanges
Address
290-100 Innovation Drive, Winnipeg, MB, CAN, R3T 6G2
Kane Biotech Inc is a biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms. The company has a portfolio of biotechnologies, intellectual property and products developed by its own biofilm research expertise and acquired from research institutions. The Company has a separate operating segment for its Stem Animal Health subsidiary, which operates the animal health business. The firm is also engaged in the animal health business through its Stem Animal Health subsidiary.